Currencies and Exchange Rates

Question 1

What caused the change in the yen's exchange rate?

Revolt · Accepted Answer

A: Demand decreased.

Question 2

According to this graph, how has the yen's exchange rate changed?

Revolt · Accepted Answer

B: It has fallen.

Question 3

Think about financial transactions between US citizens and Canadians during the period shown.Canadian money had the strongest buying power in .US money had the strongest buying power in .

Revolt · Accepted Answer

A: October

Question 4

1 euro would cost aboutin US dollars.

Revolt · Accepted Answer

C: $1.28

Question 5

Think about financial transactions between US citizens and Canadians during the period shown.Canadian money had the strongest buying power in .US money had the strongest buying power in .

Revolt · Accepted Answer

C: March

Question 6

1 euro could be exchanged for 119.

Revolt · Accepted Answer

C: Japanese yen

Currencies and Exchange Rates Answers

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